30-year mortgage rate hits record low of 3.75%

30-year mortgage rate hits record low of 3.75%

Mortgage rates hit record lows in the week ending May 31, with the 30-year fixed-rate mortgage average declining to 3.75% from 3.78% in the prior week, Freddie Mac said Thursday in its weekly report.  READ MORE HERE... *

*Rate information based on Freddie Mac Weekly Primary Mortgage Market Survey, and do not consistute a rate quote.  Restrictions and qualifications may apply.